NEW DELHI - Asian countries will not become high-income economies unless domestic demand is made a main driver of growth, the president of the Asian Development Bank said on Monday. 'The biggest challenge is moving from resource-driven growth dependent ... ADB chief says Asia must spur demand or face 'middle-income trap'
Sunday, October 16, 2011
ADB chief says Asia must spur demand or face 'middle-income trap'
NEW DELHI - Asian countries will not become high-income economies unless domestic demand is made a main driver of growth, the president of the Asian Development Bank said on Monday. 'The biggest challenge is moving from resource-driven growth dependent ... ADB chief says Asia must spur demand or face 'middle-income trap'
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